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Brief introduction to Block

Chain in Sustainability

- Anika Passi
1st April, 2020
TOPICS

Sustainability

Traceability

Blockchain
Current State
SUSTAINABILITY
Sustainability means a process or
state that can be maintained at a
certain level for as long as is
wanted.

Avoidance of the depletion of


natural resources in order to
maintain an ecological balance..
CIRCULAR FASHION
‘Circular fashion’ can be defined as clothes, shoes or accessories that are designed,
sourced, produced and provided with the intention to be used and circulate responsibly
and effectively in society for as long as possible in their most valuable form, and hereafter
return safely to the biosphere when no longer of human use. (Anna Brismar, Green
Strategy, 2017)
Presentation Title
Subheading goes here
TRACEABILITY
1. What is meant by Traceability?

2. How is traceability and Sustainability linked?


T-SHIRT TRACEABILITY
Block chain
BLOCKCHAIN
• In 2008 – Satoshi Nakamoto
Japanese introduced Bitcoin
• Synonymous with Bitcoin but has
several other applications
• Secure transparent trustworthy
immutable decentralised digital
database / open ledger available to
everyone linked with that data
How does Blockchain work
What Makes Up a Blockchain?

• The record: This can be any


type of information.
• The block: A bundle of different
records.
• The chain: This contains all the
blocks linked together.
The Steps in a Blockchain Transaction
• The trade or transaction is recorded in a record
• The trade is checked to make sure it’s valid by the computers in the
network
• Once transaction is verified and accepted as being real, it’s added
to a block.
• Each block contains a code called a hash that is unique to that block
• The block carries its own hash and the hash of the block before it - so
a chain
• The hash that it carries ensures that it is in proper chronological order.
Block chain for Traceability
• To confidently know what, when, where a
certain part or product is from and what is done
with it .
• From inception to manufacturing to the final
sale of the product, every time a product
changes hands, the details will be documented
in the blockchain database
• Improve the customers’ knowledge base prior to
a purchase
• Stemming from consumers growing desire for
safer, more sustainable and high-quality
products
BENEFITS
• Full transparency and trust
• Reduced environmental impact
• Better assurance of human rights
and fair work practices
• Goods are coming from Ethically
sound resources
• Helps to form cost effective well
informed trust worthy decisions
BLOCK CHAIN TECHNOLOGY FOR TRACEABILITY

https://www.youtube.com/watch?v=FtK65VH5OBg

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